Oncothyreon planning offering

Oncothyreon Inc. (NASDAQ:ONTY; TSX:ONY) plans to raise $11.1 million through the sale of about 3.9 million units at $2.85 in a registered direct offering. Each unit consists of a share and a five-year warrant to purchase 0.75 shares, with each whole warrant exercisable at $3.92. Boenning & Scattergood is the placement agent. ...